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I am deciding to deal with a hard money lender for the first time. Usually, we put 20% down of the sales price and 20% down of the rehab cost and we have a bank that will finance the rest. However, we have multiple pr...
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Investment Info:
Single-family residence fix & flip investment in North Ridgeville.
Purchase price: $76,100
Cash invested: $24,000
Sale price: $162,500
This was my first endeavor into real es...
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This remodel will run my bank account dry, or very close to it. What kind of financing can I find? Is there a “ rehab “ style LOAN I could qualify for? - Should I go the PERSONAL loan route?
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Hello. I am purchasing a house for $210,000. I got the owner to agree to owner finance this to me. I will pay $25,000 down, and his mortgage payment of $1900 per month. There is a balloon due in 18 months. My plan is...
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Hi guys,I'm struggling to find information on a scheme similar to 1031 exchange for Canadian investing... Could this be due to something similar not existing? Or am I missing something in my research? Many thanks in a...
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So the deal is located in Decatur in the Belvedere Park location 30032 zip code. I like the deal from the standpoint that ARV is near $210k+. It should be a straight forward rehab. The house is currently livable and o...
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We are currently under contract on what will be our first BRRRR deal. We own a 4-unit already that is slowly being rehabbed. We had the inspection today and had a contractor come out and there are foundational issue...
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I have a SFH rental in Rockford IL and I issued a 30 notice to my tenants last month. That 30 days ends this month - Aug 31. They need a couple extra weeks to finalize their new housing which I am willing to do on a p...
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What are your thoughts on acquiring an investment property before your own personal property? For those who have done it, would you have done it differently? Did you later purchase your own personal property much late...
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Hi! Looking to get into house hacking with a duplex or quad (I'll call this the first mortgage). When it comes time to purchase a single family home without house hacking (second mortgage), how does the first mortgage...